DE KLOEK: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DE KLOEK
Largest movements
- Tangible fixed assets -€84,397
down €84,397 (-20.9%), from €403,626 to €319,229
- Cash +€14,105
up €14,105 (+7.9%), from €177,683 to €191,789
mainly Depreciation (+€88,611) and Net result for the year (+€24,822)
- Receivables within one year +€8,543
up €8,543 (+55.9%), from €15,296 to €23,839
of which Other amounts receivable: +€16,170
- Debts after one year -€38,515
down €38,515 (-21.9%), from €176,082 to €137,567
- Reserves +€24,822
up €24,822 (+9.3%), from €268,214 to €293,037
- Other debts -€20,583
down €20,583 (-83.1%), from €24,760 to €4,177
- Current portion of long-term debt -€20,452
down €20,452 (-38.4%), from €53,290 to €32,838
- Gross operating margin -€15,985
down €15,985 (-4.1%), from €389,656 to €373,671
- Staff costs -€12,328
down €12,328 (-5.0%), from €245,276 to €232,948
- Depreciation -€10,514
down €10,514 (-10.6%), from €99,125 to €88,611
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €611,296 | €544,285 | -€67,012 | -11.0% |
| Fixed assets | 21/28 | €403,641 | €319,244 | -€84,397 | -20.9% |
| Tangible fixed assets | 22/27 | €403,626 | €319,229 | -€84,397 | -20.9% |
| Land and buildings | 22 | €68,072 | €40,992 | -€27,080 | -39.8% |
| Plant, machinery and equipment | 23 | €294,273 | €256,208 | -€38,065 | -12.9% |
| Furniture and vehicles | 24 | €2,106 | €359 | -€1,747 | -82.9% |
| Leasing and similar rights | 25 | €39,175 | €21,670 | -€17,505 | -44.7% |
| Financial fixed assets | 28 | €15 | €15 | = | 0.0% |
| Current assets | 29/58 | €207,656 | €225,041 | +€17,385 | +8.4% |
| Stocks and contracts in progress | 3 | €14,676 | €9,413 | -€5,263 | -35.9% |
| Stocks | 30/36 | €14,676 | €9,413 | -€5,263 | -35.9% |
| Amounts receivable within one year | 40/41 | €15,296 | €23,839 | +€8,543 | +55.9% |
| Trade receivables | 40 | €11,800 | €4,173 | -€7,627 | -64.6% |
| Other amounts receivable | 41 | €3,496 | €19,666 | +€16,170 | +462% |
| Cash at bank and in hand | 54/58 | €177,683 | €191,789 | +€14,105 | +7.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €611,296 | €544,285 | -€67,012 | -11.0% |
| Equity | 10/15 | €274,414 | €299,237 | +€24,822 | +9.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €268,214 | €293,037 | +€24,822 | +9.3% |
| Distributable reserves | 133 | €268,214 | €293,037 | +€24,822 | +9.3% |
| Amounts payable | 17/49 | €336,882 | €245,048 | -€91,834 | -27.3% |
| Amounts payable after more than one year | 17 | €176,082 | €137,567 | -€38,515 | -21.9% |
| Financial debts | 170/4 | €176,082 | €137,567 | -€38,515 | -21.9% |
| Amounts payable within one year | 42/48 | €160,800 | €107,481 | -€53,319 | -33.2% |
| Current portion of amounts payable after more than one year | 42 | €53,290 | €32,838 | -€20,452 | -38.4% |
| Trade debts | 44 | €64,714 | €58,923 | -€5,791 | -8.9% |
| Suppliers | 440/4 | €64,714 | €58,923 | -€5,791 | -8.9% |
| Advances received on contracts in progress | 46 | €4,716 | €864 | -€3,852 | -81.7% |
| Taxes, remuneration and social security | 45 | €13,319 | €10,678 | -€2,641 | -19.8% |
| Taxes | 450/3 | €2,534 | €446 | -€2,089 | -82.4% |
| Remuneration and social security | 454/9 | €10,785 | €10,232 | -€552 | -5.1% |
| Other amounts payable | 47/48 | €24,760 | €4,177 | -€20,583 | -83.1% |
| Non-recurring operating income | 76A | - | €637 | +€637 | |
| Remuneration, social security and pensions | 62 | €245,276 | €232,948 | -€12,328 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,125 | €88,611 | -€10,514 | -10.6% |
| Other operating charges | 640/8 | €10,272 | €11,518 | +€1,246 | +12.1% |
| Gross operating margin | 9900 | €389,656 | €373,671 | -€15,985 | -4.1% |
| Operating profit (loss) | 9901 | €34,983 | €40,594 | +€5,611 | +16.0% |
| Financial income | 75/76B | €15 | €3 | -€13 | -82.9% |
| Recurring financial income | 75 | €15 | €3 | -€13 | -82.9% |
| Financial charges | 65/66B | €9,310 | €8,913 | -€397 | -4.3% |
| Recurring financial charges | 65 | €9,310 | €8,913 | -€397 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €25,688 | €31,684 | +€5,996 | +23.3% |
| Income taxes | 67/77 | €7,937 | €6,862 | -€1,076 | -13.6% |
| Profit (loss) for the period | 9904 | €17,751 | €24,822 | +€7,071 | +39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,751 | €24,822 | +€7,071 | +39.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.